ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Start ups
    • Funding
    • Appointments
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Jewar international airport: It's official, bids open for developing Rs 15,000-cr airport

The Noida International Airport Limited (NIAL) on Thursday invited global players to float bids for development of an international greenfield airport in Jewar, Noida.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Jewar international airport: It's official, bids open for developing Rs 15,000-cr airport
The airport is billed to be the biggest in the country when fully operational, will cost an estimated Rs 15,000 crore, said officials of the NIAL. Photo: Reuters

The Noida International Airport Limited (NIAL) on Thursday invited global players to float bids for development of an international greenfield airport in Uttar Pradesh's Jewar, officials said. The airport, second in national capital region after Delhi's Indira Gandhi International airport and billed to be the biggest in the country when fully operational, will cost an estimated Rs 15,000 crore, said officials of the NIAL, an entity floated by the Uttar Pradesh government for implementing the mega project.

"The state cabinet had in a meeting in Lucknow on May 28 approved the bid document for development of the airport. Today, this bid is being opened by the NIAL and details are available on its website — www.Nialjewar.Com. The entire project would cost Rs 15,754 crore and the first phase would be completed in an area of over 1,300 hectare with two runways," Chief Executive Officer, NIAL, Arun Vir Singh told reporters.

The bidding will be made on per passenger basis, will be completed in a single stage and the tender finalised on November 29 this year, he said.

"Development work is likely to commence early in 2020 and the first phase expected to be completed by 2023," he said.

According to the NIAL, the first phase development of airport would cost Rs 4,086.54 crore.

The cost includes Rs 2,848.35 crore for compensation over acquisition of private land, Rs 894.53 crore for resettlement and rehabilitation of families displaced due to the projects, Rs 318.66 crore as additional compensation and cost of assets, and Rs 25 crore in administrative expenses, it said.

"The money for the first phase is available and made available in the district collector's official account for expenditure," Singh said.

He said the initial capacity of the airport is expected to be 12 million passengers and will go up to 70 million for the two runways and will go up to 200 million during later stages with construction of six runways.

"The state government has given a go ahead for conducting a study for developing the airport with six runways, the most in the country, by the completion of the entire project which will be spread in an area of 5,000 hectares," he said.

About 1,333 hectare of land has been acquired from six villages for the first phase of the project, including 1,239.1416 hectare private land and 95 hectare government land, he said.

According to officials, the airport was first mulled in 2003 and finally got approved from the Centre and the state government in 2017. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Jewar airportAviationCivil Aviation Ministry
Written By: PTI
Updated: Thu, May 30, 2019
08:57 pm
New Delhi, PTI
RELATED NEWS
Jewar airport news update: Letter of Agreement signed! What you need to know about Noida International Airport Jewar airport news update: Letter of Agreement signed! What you need to know about Noida International Airport
3 manufacturing firms to invest Rs 21 cr near Jewar airport 3 manufacturing firms to invest Rs 21 cr near Jewar airport
COVID-19 effect: Signing date of Jewar airport's key pact deferred again COVID-19 effect: Signing date of Jewar airport's key pact deferred again
All set to take-off! Jewar Airport gets wings with Zurich AG security clearance; CBRE sees rapid employment All set to take-off! Jewar Airport gets wings with Zurich AG security clearance; CBRE sees rapid employment
Jewar airport gets international recognition Jewar airport gets international recognition

LATEST NEWS

Russia-Ukraine war: Needs more weapons faster, says Volodymyr Zelenskiy

Govt should hike assistance under PM-KISAN, give tax sops for agritech startups: Industry

Maruti faces semiconductor shortage, witnesses impact on production – here’s what company mulling as alternative

Pakistan raises petrol price by Rs 35, pushing retail cost to a whopping Rs 249.80 per litre amid severe food, energy crisis

Over 300 trains cancelled by Indian Railways today, January 30 - Check full list; IRCTC refund rule and ticket cancellation charges

Direct link established between Iranian, Russian banks: Official

Apple AR headset may feature health & wellness experiences

Go First to get Rs 210 crore under govt's credit line guarantee scheme: CEO

Centre must help states cope with fiscal cost of faster EV adoption

Market Capitalisation Update: Seven of top-10 BSE listed firms shed Rs 2.16 lakh cr; SBI, HDFC Bank among top losers

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV